The topic of industry for plenty people, who are asked about it, has very negative connotations. It is implied by the fact that we refer this term frequently to the emission of greenhouse gases, which are quite negative for the environment as well as are produced by almost each factory. In various spheres there are also many of wastes produced, which is pretty harmful for the state of our planet.
However, in the reality we need to also be aware of the fact that inter alia this sphere is responsible for a lot of positive facts, such as setting up new buildings, development of the technology etc. This implies that despite the fact that the services are becoming more and more crucial in increasing number of countries, we are recommended to also realize the role of the above analyzed area is quite fundamental. Hence, plenty experts in the sphere of economy alarm that search (full report
) crisis in this field may have substantially worse results than we think (if we even do this).
This and (see JWP EN) crisis in the in the top shown field refers to the fact that on our continent more and more factories are either closed or the number of people employed in them is significantly minimized. It is connected with the fact that, first and foremost, in terms of industry there is a considerable competition from young economies, which have one common advantage for investors – pretty low labor costs, which are related to significant labor supply.
Therefore, hiring European employees for them is no longer attractive from financial point of view, which indicates that the trend in the future is far likely to be referred to picking countries such as China, India, Brazil or Russia.
To sum up, the changes in the topic of industry reflect the present economical situation on the Earth and the most important trends related to it. The trend is likely to be connected from changing the supply more to the East (from Europe), but still our continent can play a crucial role in terms of improving the technology.